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Income Tax Tribunal upholds Rs 10,000 cr capital gains tax on Cairn UK

I-T Department had said that Cairn UK made a capital gain of Rs 24,503.50 crore

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A picture of Mangala oil field (pic courtesy: Cairn energy's website)

Last Updated : Mar 10 2017 | 12:39 PM IST

A picture of Mangala oil field (pic courtesy: Cairn energy's website)

The Income Tax Appellate Tribunal (ITAT) has upheld the income tax department order of Rs 10,247 crore of capital gains tax on Cairn, UK.

The demand was in

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